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Watson's fiscal year end is December 31. In July 2019, the company had purchased 80,000 shares of Holmes Corporation common stock for $15.75 per share
Watson's fiscal year end is December 31. In July 2019, the company had purchased 80,000 shares of Holmes Corporation common stock for $15.75 per share as an equity investment. At the end of 2021, the quoted price was $15 per share. In November 2022, Watson Inc sold all of the Holmes stock for $17.10, incurring $64,000 in brokerage commissions.
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
